REG - Hamak Strategy Ltd. - Board Changes

Hamak StrategyAnnouncement

14/01/2026 07:00

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RNS Number : 7616O  Hamak Strategy Limited  14 January 2026

 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA,
THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS
OF SUCH JURISDICTION.

14 January 2026

Hamak Strategy Limited

("Hamak" or the "Company")

 

Board Changes

Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF) announces that Executive
Director and Chairman, Nicholas Thurlow, has tenderd his resignation with
immediate effect, to enable him to focus on other work commitments.

Non-Executive Director, Nicola Horlick, will assume the role of Non-Executive
Chair on an interim basis whilst the Company continues to strengthen its
Board, Advisory Board and management team through futher appointments, which
will be announced in due course.

The Company would like to thank Nick for his contribution towards the
restructuring and new direction of Hamak over the past six months, which
provides a strong platform to further develop the dual strategy of pursuing
gold opportunities alongside a compliant and Bitcoin focused Treasury Policy.

For the purposes of UK MAR, the person responsible for arranging release of
this announcement on behalf of Hamak is Karl Smithson, Executive Director.

For further information on Hamak you are invited to view the company's website
at https://hamakstrategy.com/ (https://hamakstrategy.com/) or please contact:

 

 Hamak Strategy Limited

 Karl Smithson                            k.smithson@hamakstrategy.com (mailto:k.smithson@hamakstrategy.com)
 AlbR Capital Limited (Corporate Broker)  +44 (0) 20 7469 0930

 Yellow Jersey PR

 Annabelle Wills                          +44 (0) 20 3004 9512

About Hamak Strategy Limited

 

Hamak Strategy Limited (LSE: HAMA / OTCQB: HASTF) is a UK listed company
focussed on gold exploration in Africa and with a strategy of pursuing an
appropriate and compliant BTC/ crypto treasury management policy.

Important Notice

The Company maintains some of its treasury reserves and surplus cash in
Bitcoin, a form of cryptocurrency. The Company is not authorised or regulated
by The Financial Conduct Authority (FCA) and Bitcoin investments are generally
not subject to regulation by the FCA or otherwise in the United Kingdom.
Neither the Company nor investors in the Company's shares are protected by the
UK's Financial Ombudsman Service or the Financial Services Compensation
Scheme.

However the FCA considers Bitcoin investments to be high-risk. The value of
Bitcoin can go up as well as down, leading to fluctuations in the value of the
Company's Bitcoin holdings, and the Company may not be able to realise its
Bitcoin holdings for the same amount it paid to acquire them, or even for the
value the Company currently attributes to its Bitcoin positions.

The Company's Board of Directors have identified the following risks in
relation to the holding of Bitcoin, which are not exhaustive:

•           The value of Bitcoin can be highly volatile, with its value
falling as quickly as it rises. Investors in Bitcoin must be prepared to lose
all money invested.

•           The Bitcoin market is largely unregulated. There is a risk
of losing money due to factors such as cyber-attacks, financial crime, and
counterparty failure.

•           The Company may not be able to sell its Bitcoin at will.
The ability to sell Bitcoin depends on various factors, including the supply
and demand in the market at the relevant time. Operational failings such as
technology outages, cyber-attacks, and comingling of funds could cause
unwanted delays.

•           Cryptoassets carry a perception of fraud, money laundering,
and financial crime.

An investment in the Company is not an investment in Bitcoin itself, but
prospective investors in the Company are encouraged to conduct their own
research before investing and should be aware that they will have indirect
exposure to the high-risk nature of cryptoassets, including their volatility,
and could therefore sustain large or total losses of their investment.

 

 

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